Industry News

LEVIS, Québec and LEXINGTON, S.C. (BRAIN) — Sylvain Caya has stepped down as President of HLC (formerly Hawley Lambert Cycling) to pursue other opportunities. Pat McGinnis, currently the VP commercial for the company, is becoming the new president, effective Monday, the company announced.

The state becomes the second to allow cyclists to treat stop signs as yield signs, and red lights like stop signs.

LITTLE ROCK, Ark. (BRAIN) — Arkansas Gov. Asa Hutchinson has signed a bill making his state the second to allow cyclists to roll through stop signs when safe, and to treat red lights like stop signs, proceeding into intersections when safe after stopping, even if the light is still red. 

AIGLE, Switzerland (BRAIN) — The International Cycling Union is warning that it will discipline its registered racers who participate in a June e-MTB enduro race organized by the International Motorcycling Federation. 

Tagged Electric bike / Racing & Sponsorship
An excerpt from Rad Power's civil complaint.

SEATTLE, Wash. (BRAIN) — Rad Power Bikes, one of the fastest growing e-bike brands in the direct-to-consumer channel, is suing an Arizona electric vehicle company that sells e-bikes under the Bam Power Bikes brand.

Tagged Electric bike / Lawsuits/legal
Too early to talk about trends, but the 2018 study validates previous findings.
Source: PeopleForBikes' 2018 US Bicycling Participation Study.

BOULDER, Colo. (BRAIN) — Sometime next year, PeopleForBikes will release its fourth Bicycling Participation Study results and the organization's research director, Jen Boldry, will be ready to talk about trends in bicycle use in America.

NEW YORK CITY (BRAIN) — Two U.S. street artists are suing the British folding bike brand Brompton and 11 of its retailers, charging that the brand used their copyrighted art in social media campaigns without permission or compensation.

Tagged Lawsuits/legal

MONTEREY, Calif. (BRAIN) — Fazua, a German brand that makes a lightweight e-bike motor often used on road and gravel bikes, will appear at the Sea Otter Classic expo this month as it begins a push into the U.S. market. The company's motors are currently not officially available in the U.S.

Tagged Electric bike / Sea Otter Classic

BOULDER, Colo. (BRAIN) — Wholesale bike sales were down in dollars and in units in the first two months this year, compared to the same period last year. 

TAIPEI, Taiwan (BRAIN) — The Trump Administration’s ongoing dance with the Chinese over tariff issues — and with no end point in sight — has Taiwanese manufacturers and suppliers continuing to evaluate supply chain logistics.

Tagged Tariffs / Taipei Cycle Show

TAICHUNG, Taiwan (BRAIN) — Despite concerns over protectionism, ongoing trade disputes and a continued slowdown in China, Giant Manufacturing Ltd. reported the second highest annual revenue in its history.

Tagged Earnings/Financial Reports

TAIPEI, Taiwan (BRAIN) — With the Taipei Cycle Show set to open Wednesday, manufacturers are celebrating what appears to be a surge in export revenue in 2018 thanks in part to increasing demand for e-bikes.

Tagged Electric bike / Taipei Cycle Show

LONDON (BRAIN) — At the start of May, four-time Tour de France winner Chris Froome's team will get a major facelift as Team Sky will become Team Ineos. The British WorldTour team confirmed Tuesday that its new sponsor will be the multinational chemicals company Ineos, which is based in London.

GREENVILLE, S.C. (BRAIN) — Michelin has expanded its relationship with HLC to distribute the tire maker's full product lineup in the U.S. market. Products became available from HLC's U.S. distribution centers starting Monday, March 18.

HLC is already Michelin's exclusive distributor for Canada.

Tagged Distributor news

BOULDER, Colo. (BRAIN) — The Pro's Closet has launched a certified pre-owned program for bikes that includes a buyback guarantee that sets a pre-defined trade-in or buyback schedule for 18 months to encourage cyclists to regularly upgrade their bikes.

SANTEE, Calif. (BRAIN) — Sidi's U.S. distributor, Ciclista America, has ended a refurbishing service for the Italian shoe brand that it launched in 2016.

No. 22 Bicycle Co. wins Best in Show award.

SACRAMENTO, Calif. (BRAIN) — The North American Handmade Bicycle Show, which closed Sunday, notched a record number of exhibitors for the 15-year-old event: about 210.

Tagged North American Handmade Bicycle Show

MORGAN HILL, Calif. (BRAIN) — Specialized is the latest major bike brand to launch a click-and-collect program, which will allow consumers to order bikes and other products from the company's website and have the order fulfilled at a local Specialized dealer. 

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products will move its annual Frostbike dealer event out of Minnesota for the first time next year. The 2020 event will be held in Denver from Jan. 31-Feb. 2.

Tagged Distributor news

LOS ANGELES (BRAIN) — Amer Sports has agreed to sell its Mavic cycling business to Regent, a U.S. private equity firm.

Company says $200 million-plus impairment charge in the Sports division was not related to operations.

MONTREAL (BRAIN) — Dorel Sports — a division of Dorel Industries that includes Cycling Sports Group, the parent of Cannondale and GT — posted double-digit organic revenue growth and significant operating profit improvement in its fourth quarter, the company reported Thursday.

Tagged Earnings/Financial Reports

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